Atlantic City Casinos’ 3rd-Quarter Profits Up From Year Ago

Atlantic City’s nine casinos saw their collective gross operating profits increase by 12.5% in the third quarter of this year compared with the same period last year. The comparison was boosted by two new casinos that opened last summer doing much better in the third quarter of this year than they did a year ago, when they had just opened and were spending heavily to attract new business. The casinos earned a collective profit of $239 million in July, August and September this year.